Categories: OLD Media Moves

Dow Jones agrees to purchase New England Business Bulletin

Ottaway Newspapers, which is a subsidiary of Dow Jones, has agreed to purchase the New England Business Bulletin, according to this item. I could not find an official release on the transaction on the Dow Jones home page or on PR Newswire.

The Business Bulletin is a monthly with 45,000 readers. The item I found said that the acquisition would likely heat up the competition between Dow Jones and Charlotte-based American City Business Journals, but right now, I doubt that seriously. This is the first regional business newspaper that Dow Jones/Ottaway has purchased, and American City has more than 41 weekly business newspapers across the country that are well entrenched in their markets.

That said, it’s interesting to note that the chairman of American City Business Journals is Ray Shaw, former president of Dow Jones. I wonder what he thinks about his former employer entering the regional business newspaper business.

Recent Posts

Marfil among the WSJ layoffs in DC

Jude Marfil, newsroom operations manager for The Wall Street Journal in its Washington office, was…

9 hours ago

Greene departing Cointelegraph

Tristan Greene, deputy U.S. news editor at cryptocurrency news site CoinTelegraph, is leaving next month…

9 hours ago

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

2 days ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

2 days ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

2 days ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago